Before the housing market collapsed and the government pumped billions into the economy to save it, there was a programmer named Satoshi Nakamoto. And without much fanfare, he created an idea that’s in the process of changing the world. His idea was Bitcoin. Some background information is in order before I go any further. Think …
Just when you think government couldn’t be more outrageous, you read a story like the one in The New York Times last weekend about Edward Young, who was put away for 15 years. His crime was possessing seven shotgun shells. Not a gun, mind you, just the ammo. When William Killian, the United States attorney, …
A frightening story this week in The New Yorker tells of a Texas couple that headed toward the Texas-Louisiana border to buy a used car. They were carrying all their savings in cash. They were stopped by the police. The police found cash and a tiny pipe, and arrested them both. Then the police made …
By the end of the week, 1,700 liberty lovers are expected to stop in at Roger’s Campground in Lancaster, N.H., to see what the Free States Project’s PorcFest is all about. The crowd is openly carrying side arms, rifles, and other weapons, while engaging in all sorts of commerce: accepting dollars, silver, and Bitcoins (leave …
Like the U.S., many democratic nations are suffering from permanently high unemployment, staggering public debts and budget deficits, and a deep economic recession. Although many people blame politicians for their problems, virtually no one ever considers blaming the democratic system for our woes. If you think about it, however, it’s clear that it’s the collectivist …
“Half of the nation’s 40 biggest publicly traded corporate spenders have announced plans to curtail capital expenditures this year or next.” This is The Wall Street Journal further confirming the mounting evidence that the presidential election did not cure what is fundamentally sick. The supposed recovery of the last two years is the least convincing …
In large parts of the oldest civilized region of the world, you will find in nearly every room a pretty blue charm that looks like an eye. It’s in the front entrance of homes, somewhere in every room, on boats, in airports, in restaurants, and built into the designs of everything from wallpaper to grocery …
When you eat Oreo cookies, if you do eat Oreo cookies, how many do you eat? Three sounds sort of reasonable to me. Surely, after three, you have been “served.” If I were a guest at someone’s house and ate more than that, I would try to do it surreptitiously. But of course, this is …
Two important regulatory rulings have been issued in the last day that will have a profound effect on your life, both immediately and over the long run. One forces a continued degradation of AT&T’s cell phone coverage by forbidding a merger with the embattled company T-Mobile. The other targets a feature of Google’s Android phone …